SOCAR EXPORTS 224, 263 TONS CRUDE FROM NOVOROSSIYSK PORT IN MARCH
SOCAR`s Marketing & Economic Operations Department has exported 224, 263 ton crude from Russian port of Novorossiysk in March. A barrel of Brent crude oil sold for $ 46.55, the Ural oil made $ 44.6, while BTC FOB Ceyhan oil ...
WEST SPEEDING UP NABUKKO PROJECT, AZERI ENERGY MINISTER
Azerbaijani Minister of Industry and Energy Natig Aliyev said the West gets to start up the processes concerning implementation of Nabucco project after speculations about selling of Azerbaijani gas to Russia from 2010. “The two countries have not signed any document ...
‘SOCAR-TURCAS TO INVEST $52m IN PETKIM IN 2009’
SOCAR-TURCAS, the Azerbaijani-Turkish energy consortium, will invest $52 million in Turkish petrochemical company Petkim this year, said SOCAR`s President Rovnag Abdullayev ...
SOCAR EXPORTS 224,263 TONS OF OIL FROM NOVOROSSIYSK SEAPORT IN MARCH
The State Oil Company of Azerbaijan Republic exported 224,263 tons of crude from the Novorossiysk seaport in March 2009. The price of Brent crude was $45.55 per barrel, Urals $45.65, BTC FOB Ceyhan crude ...
AZERBAIJANI DELEGATION TO PARTAKE IN INTERNATIONAL OIL & GAS, ENERGY AND INFRASTRUCTURE CONFERENCE AND EXHIBITION IN GEORGIA
Azerbaijani delegation to partake in the 8th International Oil and Gas, Energy and Infrastructure Conference and Exhibition “GIOCIE”, which is to take place in Tbilisi, Georgia, April 2-3. The event organized by ITECA Caspian will ...
AZERBAIJAN CONSIDERS SELLING ITS NATURAL GAS TO RUSSIA FROM 2010, SOCAR CHIEF
Azerbaijan considers selling its natural gas to Russia from 2010, according to SOCAR President Rovhag Abdullayev. According to Abdullayev, during his visit to Moscow he conducted talks there on importing Azerbaijan`s natural gas to Russia from 2010 ...
AZERI LIGHT CRUDE PRICE HITS THIS YEAR`s RECORD HIGHS
The price of Azeri Light crude oil has reached a record $54 per barrel since last November. Experts say the oil prices in the world market are driven up by growing activity in the US stock market ...
“OIL: THE FUTURE STABILITY AND STEADINESS” SEMINAR UNDERWAY IN VIENNA
On March 18-19, the Organization of Petroleum Exporting Countries (OPEC) is to host in Vienna a seminar-meeting on the topic “Oil: the future stability and steadiness”. The key goal of the seminar is to discuss prospects of petroleum industry against the international financial crisis ...
SOCAR EXTRACTS OVER 1.4 MLN TONS OF OIL IN JANUARY-FEBRUARY
The State Oil Company of Azerbaijan produced 1,433,050 tons of oil (including gas condensate) in January-February this year. SOCAR`s share in the joint projects made up 255,110 tons including that in the operating ...
SOCAR REFINES OVER 1 MILLION TONS OF OIL
The State Oil Company of Azerbaijan has refined 1,251,300 tons of oil for the past two months. Oil products refined included 187,640 tons of motor gasoline, 347,120 tons of diesel, 117,940 tons of mazut, 25,930 tons of oil asphalt, 4,400 tons of petroleum coke, 3,260 tons of lubricating ...
SOCAR EXPORTED ABOUT 5m TONS OF OIL IN TWO MONTHS
Azerbaijan`s state oil firm, SOCAR, said it exported 4.953 million tons of oil in the first two months of 2009. According to the company, about 4.3m tons of the total volume of oil exported were transported through the Baku-Tbilisi-Ceyhan, about 386,000 ...
AZERBAIJAN MINISTER OF INDUSTRY AND ENERGY MEETS ITALIAN DEPUTY FM
Azerbaijan Minister of Industry and Energy Natig Aliyev met today Italian Deputy Foreign Minister, Senator Alfredo Mantica. They discussed ways of boosting cooperation in power industry and prospects for launching joint projects ...
BTC TRANSPORTED 161.1m TONS OF KAZAKH OIL IN JANUARY
Some 161.1 million tons of Kazakh oil were transported via the Baku-Tbilisi-Ceyhan pipeline in January, Azerbaijan`s state Statistical Committee said. An agreement between Azerbaijan and ...
SOCAR ANNOUNCES TENDER FOR REBCO CRUDE EXPORT
SOCAR`s Marketing & Economic Operations Department has announced a tender for export of 600,000 barrels of Rebco crude from Russian port of Novorossiysk on March 29-30. The winner of the tender will be named on ...
SOCAR AND TOTAL COMPANY SIGN EXPLORATION, DEVELOPMENT AND PRODUCTION SHARING AGREEMENT FOR ABSHERON BLOCK
Exploration, development and production sharing agreement for Absheron block in Azerbaijan today was signed in Baku. The document was signed by Rovnag Abdullayev, President of the State Oil Company of Azerbaijan (SOCAR) and Yves-Louis ...
AZERBAIJAN DESIGNATED AS EITI COMPLIANT COUNTRY
Board of the Extractive Industries Transparency Initiative has designated Azerbaijan as EITI Compliant country at its fourth Global Conference in Doha, Qatar. Azerbaijan`s delegation at the ...
SOCAR ANNOUNCES TENDER FOR AZERI LIGHT CRUDE EXPORT
Azerbaijan`s state oil firm, SOCAR, has announced a tender for export of 1 mln barrels of Azeri Light crude from the Ceyhan terminal on April 1-5. The winner of the tender will be named on March 3 ...
BRITISH COMPANY WINS SOCAR TENDER
British company Glencore Energy UK Ltd. has won SOCAR`s tender for the export of 1 million barrels of REBCO oil from the ...
AZERBAIJAN HAS SUFFICIENT GAS FOR NABUCCO
Azerbaijan has enough gas reserves to fill the Nabucco gas pipeline, first vice-president of the State Oil Company of Azerbaijan Khoshbakht YUsifzadeh said. “Azerbaijan`s gas deposits reach over 2 trillion cm including ...